SPX Sees Bullish Movement, 3130 Resistance Next Target

The Bear signal and bearish price movement on the 1M chart from last week ends with a bear trap from bullish reversal forming the bullish buy signal using the triple moving average.
If short term resistance at 2980 is blown, we're testing resistance at 3130.
5D and 1D showing bullish price movement.

Multiple Time Frame AnalysisSupply and DemandTrend Lines

Declinazione di responsabilità